ESS Tech (GWH) Times Interest Earned (2021 - 2026)
ESS Tech's (GWH) quarterly Times Interest Earned came in at -$1.36 in Q1 2026, up 84.8% year-on-year from -$0.74 in Q1 2025, and down 106.16% quarter-over-quarter from $22.09 in Q4 2025.
ESS Tech (GWH) Times Interest Earned (2021 - 2026) Analysis & Trends
ESS Tech's Times Interest Earned history runs 6 years deep, the most recent figure standing at -$1.36 for Q1 2026.
- On a quarterly basis, Times Interest Earned rose 84.8% year-over-year to -$1.36 in Q1 2026; TTM through Mar 2026 was -$5.24, a 87.99% increase from a year earlier, with the FY2025 full-year figure at -$11.04, up 59.58% from the prior year.
- Times Interest Earned retreated to -$1.36 in Q1 2026 per GWH's latest filing, from $22.09 in the prior quarter.
- Across five years, Times Interest Earned topped out at $22.09 in Q4 2025 and bottomed at -$55.06 in Q1 2022.
- The 5-year median for Times Interest Earned is -$7.18 (2024), against an average of -$14.78.
- Across the five-year window, Times Interest Earned plunged 135.31% in 2023 and surged 145.31% in 2025, its largest moves.
- Year by year, Times Interest Earned stood at -$19.11 in 2022, then plunged by 135.31% to -$44.96 in 2023, then declined by 8.42% to -$48.75 in 2024, then jumped by 145.31% to $22.09 in 2025, then plunged by 106.16% to -$1.36 in 2026.
- Per Business Quant, the three latest GWH Times Interest Earned figures stand at -$1.36 (Q1 2026), $22.09 (Q4 2025), and -$4.46 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 9.62 |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 10.28 |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 0.11 |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 2.70 |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 1.82 |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 1.71 |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 24.78 |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 8.68 |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | -16.03 |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn | -1.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.36 |
| Dec 31, 2025 | 22.09 |
| Sep 30, 2025 | -4.46 |
| Jun 30, 2025 | -5.26 |
| Mar 31, 2025 | -8.95 |
| Dec 31, 2024 | -48.75 |
| Sep 30, 2024 | -7.18 |
| Jun 30, 2024 | -7.14 |
| Mar 31, 2024 | -5.87 |
| Dec 31, 2023 | -44.96 |
| Sep 30, 2023 | -6.88 |
| Jun 30, 2023 | -4.74 |
| Mar 31, 2023 | -8.52 |
| Dec 31, 2022 | -19.11 |
| Sep 30, 2022 | -24.16 |
| Jun 30, 2022 | -20.88 |
| Mar 31, 2022 | -55.06 |
| Mar 31, 2021 | -145.33 |